Written answers

Wednesday, 18 April 2012

10:00 pm

Photo of Tommy BroughanTommy Broughan (Dublin North East, Labour)
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Question 124: To ask the Minister for Finance if he will report on the recent signing of the European fiscal compact treaty; the links he believes there are between the signing of the treaty and a deal to restructure the Anglo promissory notes; and if he will make a statement on the matter. [13494/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was signed in Brussels on 1 March 2012 by the 25 Contracting Parties. As the Taoiseach and the Tánaiste have consistently made clear, there is no link between the new Treaty and current consideration of the IBRC promissory notes. The two issues are entirely separate, and each must be advanced on its own merits.

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